HP Names Bruce Broussard Interim CEO After Lores Exit
HP Inc appoints board member Bruce Broussard as interim CEO immediately after Enrique Lores steps down to become PayPal's CEO. Broussard will lead during the search for a permanent successor.
Category : Corporate News
Walmart Hits $1 Trillion Market Value for First Time
Walmart has reached a $1 trillion market capitalization for the first time, marking a significant achievement just weeks after joining the Nasdaq-100 Index.
T-Mobile Cuts 393 Jobs in Washington, Affects Senior Staff
T-Mobile announces 393 job cuts in Washington, impacting over 200 roles including senior executives. The layoffs affect headquarters, data centers, and retail locations, effective April 2.
Adani Ports Q3 Profit Up 20%, Raises FY26 Outlook
Adani Ports reports 20% profit growth in Q3FY26, raises revenue and EBITDA guidance for FY26 following acquisition of Australian terminal NQXT. Shares surge over 9%.
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US-India Trade Deal Boosts IT Services Deal Momentum
The India-US trade agreement provides clarity for IT services and GCCs, easing outsourcing concerns and improving deal momentum from US clients, according to UnearthInsight.
Big Deals, Small Print: India's Business Shift
A significant transformation is underway in India's business environment as companies increasingly focus on the fine print in deals, signaling a major shift in corporate strategy and governance.
IndiGo December Crisis: 12% Passenger Drop, Market Share Rises
IndiGo's massive flight disruptions in December 2025 led to 85.2 lakh domestic passengers, 12% less than November. Despite crisis, airline's annual market share rose to 64% with 10.7 crore passengers.
Lord's Mark Names Vignesh Poojari as CFO from 2026
Lord's Mark Industries appoints Vignesh Waman Poojari as CFO effective January 2026, bringing 24+ years of finance experience from Reliance, KPMG, and Deloitte to strengthen financial leadership.
PayPal's Weak 2026 Outlook, Q4 Miss, Stock Plunge 16%
PayPal forecasts disappointing 2026 profit outlook, misses Q4 revenue estimates, stock plunges nearly 16%. Company appoints HP's Enrique Lores as new CEO amid strategic challenges.
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Adani Ports Q3 EBITDA Up 20% to Rs 5,786 Crore
Adani Ports and Special Economic Zone reports robust Q3 FY26 results with EBITDA climbing 20% year-on-year to Rs 5,786 crore, driven by strong operational performance and cargo volume growth.
WhatsApp Message Ignites Office Rules Debate
A viral WhatsApp chat between a manager and employee has sparked widespread discussion about workplace authority, flexibility, and outdated management practices in today's professional environment.
Mankind Pharma Q3 Profit Up 9.5%, Misses Estimates
Mankind Pharma's Q3 net profit increased 9.5% to ₹414 crore, missing analyst estimates, as revenue grew to ₹3,567 crore driven by domestic business and BSV consolidation.
Oracle Confident in OpenAI Funding Despite Nvidia Rift Reports
Oracle shares fell as its statement on OpenAI funding spooked investors concerned about debt exposure, amid reports of tensions with Nvidia over AI chip deals.
FY27 Defense Budget: 17.6% Capital Outlay Hike Drives Modernization
India's FY27 defense budget shows a 17.6% YoY increase in capital outlay to Rs2.19 trillion, marking a structural shift toward force modernization and domestic procurement. This enables parallel contracting and improves execution visibility across defense
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Amazon Lays Off 2,198 in Washington, Software Roles Most Affected
Amazon is laying off 2,198 employees in Washington state, with software development roles bearing the brunt. The cuts are part of a global reduction of 16,000 corporate positions, marking the largest workforce reduction in Amazon's history.
Adani Enterprises EBITDA at Rs 11,985 Crore in 9M FY26
Adani Enterprises has announced a robust EBITDA of Rs 11,985 crore for the first nine months of the fiscal year 2026, showcasing strong operational performance and financial resilience in the business sector.
Dhoot Transmission Files for $250 Million IPO via Sebi
Bain Capital-backed auto components maker Dhoot Transmission has confidentially filed draft papers with Sebi for an IPO that could raise up to $250 million through primary and secondary share sales.
Bajaj Finance Q3 Net Profit Falls 5.6% to ₹4,066 Crore
Bajaj Finance reports 5.6% decline in Q3 net profit to ₹4,066 crore, while net interest income surges to ₹11,318 crore. Sequential profit falls 18% from previous quarter.
Kan Singh Sodha's 36-Hour Musical Marathon for Zorr
Folk singer Kan Singh Sodha has completed a 36-hour non-stop musical video feat for Zorr, aiming for a Guinness World Record. The event showcased Rajasthani culture and promoted the brand's message of perseverance.
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Adani Hires Trump Lawyer, Ex-Mafia Prosecutor in US Case
Gautam Adani and nephew Sagar retain high-profile US attorneys including Trump's counsel Robert Giuffra and former mafia prosecutor Nicolas Bourtin to defend against SEC securities fraud allegations involving $250 million bribery claims.
Tesla India EMI, Exchange & Incentive Program for EV Sales
Tesla India introduces a comprehensive sales strategy featuring EMI options, vehicle exchange programs, and special incentives to accelerate electric vehicle adoption and boost market presence.
Castrol India Q3 Net Profit Falls 10% to ₹245 Crore
Castrol India reports a 10% year-on-year drop in Q3 net profit to ₹245 crore while announcing a dividend of ₹5.25 per share for shareholders.
Q3 FY26: Profit Growth at 3-Year Low, Fewer Firms in Trouble
Corporate India's Q3 FY26 earnings show a slowdown in profit growth to a three-year low, but fewer companies are in financial distress, indicating a mixed economic picture.
Oracle: Nvidia-OpenAI Deal Has Zero Impact on OpenAI Ties
Oracle Corp. clarifies that the Nvidia-OpenAI partnership has no effect on its financial relationship with OpenAI, expressing confidence in OpenAI's funding capabilities.
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India's Top Nifty Firms Struggle with Profit Growth
Analysis reveals 20 major Nifty companies, representing over half of free-float market cap, face profit growth challenges due to slowing revenue and rising costs in Q3.
Adani Enterprises Q3 Net Profit Jumps to ₹5,627 Crore
Adani Enterprises reports consolidated net profit of ₹5,627 crore for Q3 FY26, a sharp rise from ₹58 crore last year. Revenue grows 8.6% YoY to ₹24,819 crore.
Lord's Mark Industries Multi-State Investment Plan Post-Davos
Lord's Mark Industries announces strategic investments across Maharashtra, Uttar Pradesh, Kerala, and Assam in clean energy, healthcare, and manufacturing following World Economic Forum 2026 engagements.
Advent Invests ₹2,750 Cr in Aditya Birla Housing Finance
Private equity firm Advent International acquires 14.3% stake in Aditya Birla Housing Finance for ₹2,750 crore, valuing the company at ₹19,250 crore. The deal highlights growing foreign investment in India's financial sector.
Hyundai India Q3 Results Disappoint Street
Hyundai Motor India's December quarter results showed flat EBITDA margins at 11.2% and lackluster domestic sales, while rival Maruti Suzuki surged ahead. Exports provided some relief with 21% growth.
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NMDC Q3 Profit Drops 8% to ₹1,747 Crore, Declares Dividend
NMDC reported Q3 FY26 consolidated net profit of ₹1,747 crore, down 8% year-on-year due to higher operating expenses. Revenue increased 16% to ₹7,610 crore. Interim dividend of ₹2.50 per share declared.
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